Mona C.
Working with Contractors
21 November 2018 | 26 replies
My recommendation is to drop the attitude and build a relationship with a contractor to get the job done.
Jake Earl
Charging Tenants Variable Utilities Each Month
3 February 2022 | 2 replies
If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.
Philip Doetsch
Where to buy Appliances
7 July 2022 | 14 replies
They dropped a non-working fridge in March and had it swapped out the same day for a working one with zero hassle on my part.
Ryan Taylor
When is enough....enough
2 June 2022 | 9 replies
If issues that were not know come up, I ask for price drop.
Marjo Naci
Who pays the utilities?
10 June 2022 | 3 replies
If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.
Chris Luth
Ideas for joint venture arrangements for vacation rentals
10 December 2022 | 4 replies
Plugging an average 30% management fee into the two examples above, the first owner would see his or her cashflow drop to about $8,000 per year (10% cap and 24% cash-on-cash return), while the second owner would see his or her cashflow go slightly (~$300) negative (6% cap and -1% cash-on-cash return).In contrast, if I were to approach an investor with an idea of a 50/50 JV agreement, where they put up the capital, I take no management fee, and we share equity and cashflow 50%, the first owner would see cashflow of $14,250 per year (38% cash-on-cash return), and the second owner would see cashflow of $3,500 per year (10% cash-on-cash return)--both significantly better than hiring a professional manager.Of course, in the second scenario, I would end up with less cashflow than I would managing the same property at 30% ($14,250 vs. $19,500 for the first and $3,500 vs. $7,200 for the second), but that's OK with me because now I have equity in the property (with a potential infinite rate of return if and when the property is sold).The question:So, would something like this be an equitable arrangement?
Cathy Seraphin
Help, interested in wholesaling.
24 November 2022 | 21 replies
Drop the books, drop the podcast, get out in the field.
Bryce Jamison
Should I make my tenants get rental insurance?
26 August 2022 | 20 replies
I’ve never had a drop in demand for my rentals over that.
Scott Winter
Lenders...what's the deal with the seasoning period?
31 January 2022 | 48 replies
Many banks have dropped the seasoning requirement a lot.
Account Closed
I need help with a low hud offer
21 August 2014 | 21 replies
That percentage (and/or the list price) will likely drop over time.